I need to know how below questions are solved from Real Estate Finance and Investment Book, CHAPTER 11 Investment Analysis and Taxation of Income

A property that produces an annual NOI of $100,000 was purchased for $1,200,000. Debt service for the year was $95,000 of which $93,400 was interest and the remainder was principal. Annual depreciation is $38,095. What is the taxable income? (C) (A) $5,000(B) $6,600(C) - $31,495(D) - $33,095